NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

HSBC Global Equity Climate Change Fund of Fund Growth for NRI [10.23]

Min Investment

5,000

Fund Size

83.14 Cr

Expense Ratio

2.1%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

10.23

-1.34%

NAV as on 12 Nov 24, 12:00 AM

very high risk

global other

fof

NAV as on 12 Nov 24, 12:00 AM

very high risk

global other

fof

20.32%p.a.

Last 1Y

-2.45%p.a.

Last 3Y

0.00%p.a.

Last 5Y

0.49%p.a.

Since Inception

About HSBC Global Equity Climate Change Fund of Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the HSBC Global Equity Climate Change Fund of Fund Growth scheme from HSBC Asset Management (India) Private Ltd. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Mar 2021, HSBC Global Equity Climate Change Fund of Fund Growth is Global - Other fund of its category with 83.14 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.

  • HSBC Global Equity Climate Change Fund of Fund Growth delivered 20.3% annual returns during the last year. It has delivered 0.5% average annual returns since the fund was launched.
  • HSBC Global Equity Climate Change Fund of Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in fof

Fund Objective

The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of HSBC Global Investment Funds – Global Equity Climate Change (HGECC). The Scheme may also invest a certain proportion of its corpus in money market instruments and / or units of overnight / liquid mutual fund schemes, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be achieved.

Top 1 Holdings

HSBC GIF Global Eq Climate Change JC

96.69%

Fund Managers

  1. Kapil Punjabi (Mar 2021 - Present)
  2. Sonal Gupta (Dec 2022 - Present)

Key Information

View Scheme Document

HSBC Global Equity Climate Change Fund of Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on HSBC Global Equity Climate Change Fund of Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in HSBC Global Equity Climate Change Fund of Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HSBC Global Equity Climate Change Fund of Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions